There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.267 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.327 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Dark Cloud Cover’ candle chart pattern is discovered. The chart shows ‘Dark Cloud Cover’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Dark Cloud Cover’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.361 |
| 2nd High | 1.355 |
| Next High | 1.327 |
| Current Price | 1.306000000 |
| Next Low | 1.197 |
| 2nd Low | 1.179 |
| 3rd Low | 1.147 |
1.259 – 1.275 – 1.327 – 1.197 – 1.179 – 1.21 —
1.259000000 – 1.334000000 —
61.545215895759 – 77.561031125417 —
– —
1.259 – 1777449600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Dark Cloud Cover – – –